I : Foundations of Compensation Management

Module I · 8 Topics

Core Concepts

1Overview of Compensation Management 2Importance of Compensation in Organizations 3The Role of Compensation in Attracting, Retaining, and Motivating Employees 4Types of Compensation

Theoretical and Contextual Framework

5Conceptual Framework of Compensation Management 6Theories of Wages 7Institutional and Cultural Factors Influencing Compensation Practices 8National Differences in Compensation